AME Stock Recent News

Investors interested in stocks from the Electronics - Testing Equipment sector have probably already heard of Ametek (AME) and Teradyne (TER). But which of these two companies is the best option for those looking for undervalued stocks?

AMETEK Inc. is a successful industrial giant with a strong track record of outperforming the market. The company is known for its ability to produce high-quality, differentiated products at competitive prices. AMETEK has a commitment to innovation and technological excellence, which has contributed to its growth and success.

AMETEK, Inc. has shown impressive deleveraging and sound operating performance, making it an attractive long-term investment. The company's decentralized organizational structure and niche products have contributed to its winning strategy. AMETEK's recent acquisitions, including Paragon Medical, have positioned the company for continued growth and increased earnings power.

AMETEK, Inc. (NYSE:AME ) Q3 2023 Earnings Conference Call October 31, 2023 8:30 AM ET Company Participants Kevin Coleman - VP, IR & Treasurer Dave Zapico - Chairman and CEO William Burke - EVP and CFO Conference Call Participants Deane Dray - RBC Capital Markets Matt Summerville - D.A. Davidson Allison Poliniak - Wells Fargo Jeffrey Sprague - Vertical Research Partners Scott Graham - Seaport Research Partners Nigel Coe - Wolfe Research Christopher Glynn - Oppenheimer Peter Costa - Mizuho David Ridley-Lane - Bank of America Michael Anastasiou - TD Cowen Operator Good day and welcome to the AMETEK's Third Quarter 2023 Earnings Conference Call.

AMETEK's (AME) third-quarter 2023 results reflect the benefits of solid momentum across the Electronic Instruments segment.

Ametek (AME) came out with quarterly earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.45 per share a year ago.

Ametek , which makes electronic instruments, raised its full-year forecast on Tuesday and announced its fifth and sixth acquisitions for 2023 as it expands into different markets and drives earnings growth.

AMETEK's (AME) third-quarter results are expected to reflect the benefits of its acquisitions despite economic uncertainties.

The Zacks Electronics -Testing Equipment industry players, such as AME, FTV and ITRI, are poised to benefit from the solid demand for testing instruments and 5G prospects.

Wall Street is bullish on quite a few lesser-known tech stocks that investors will want to pay attention to. Considering their average broker recommendation (ABR), here are three of these stocks that stand out in particular.